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im holding YNG and CLL. CLL, i'm down 50% on, YNG is coming back a bit, but it's still depressing lol... was gonna put more into YNG a few weeks ago but decided against it
What hasn't Killed me, has made me more tolerant of RS!
Join Date: Oct 2008
Location: richcity
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quick question for you guys, currently I'm trading through TD Waterhouse but at $30/trade I feel like its a bit expensive so I was wondering what brokerage are some of you guys using?
im holding YNG and CLL. CLL, i'm down 50% on, YNG is coming back a bit, but it's still depressing lol... was gonna put more into YNG a few weeks ago but decided against it
Dang, sorry to hear that, I don't want to influence you one way or the other, but I would be pulling the pin on CLL, they have a 100M convertible debenture payment due at the end of the month, and based on historical figures and the previous news releases, they likely do not have the money for this so you can expect more dilution and a shittier share price. Unless you are VERY bullish on the price of oil.. you may strongly want to consider getting rid of CLL before it's back to the twenty's.
YNG should have a good run, especially with any action on the part of the feds. The latest news release really wasn't received by the market as strongly as I expected, I will be adding to my position as soon as there is a down day so I can salvage what gains I can get from my Alcoa shares. (Down day wait is because Alcoa has been climbming and I would like to drop it after it's done this "little rally")
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Originally Posted by xxxrsxxx
Very tempted to buy more tvix to average down but running low on cash. That's 4 huge straight days of gain.....I'm freaking out.
Interesting how the dynamic of the TVIX is constantly changing (Since I picked it up anyway), it no longer follows the beat of the S & P 500, but actually follows the movement of the VIX, what you are seeing is essentially the lowest end you can expect to see TVIX trade at, we are now at the historical average for the VIX and there is no reason to suggest that these are not "volatile times", if I wasn't already in, I would be buying.
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Originally Posted by PaulWALKER
quick question for you guys, currently I'm trading through TD Waterhouse but at $30/trade I feel like its a bit expensive so I was wondering what brokerage are some of you guys using?
Quest Trade!
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Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life
I wouldn't have said Questrade before, due to their shitty platform. However, they are upgrading to a new platform called the IQ. I haven't used it yet, so I have to reserve my opinion on that for now.
They certainly do have the lowest transaction fees at 4.95 minimum and 9.95 max though. (something like that, give or take a few cents)
Hi all, stocks is something I want to get into and it is always good to learn about it. The thing is I don't know much. Any Stock 101 website I can read first?
I wouldn't have said Questrade before, due to their shitty platform. However, they are upgrading to a new platform called the IQ. I haven't used it yet, so I have to reserve my opinion on that for now.
They certainly do have the lowest transaction fees at 4.95 minimum and 9.95 max though. (something like that, give or take a few cents)
Just tried it this morning, its definitely much better than the old quest trader web. Everything is more integrated and customized to your preference. However, switching to IQ web (free) you won't be able to make trades on your phone / tablet and will have to wait for a real app to come sometime in the summer.
Hi all, stocks is something I want to get into and it is always good to learn about it. The thing is I don't know much. Any Stock 101 website I can read first?
easy answer, no
search again, there are good books on fundamentals by the famous writers... but really you need to be financial literate to even start understanding where/what to look at
just doubled up my position of YNG, looks like their getting their shit together and with most gold stocks at such a low price and QE possibly coming, I see some major upside potential here
Tried every Canadian broker out there. IB is THE cheapest and THE best broker. period.
Smart routing is fucking money, paid .14 cents for a 35 contract option trade, averaging about 1$-2.50$ a trade , lots from 250-3k shares~
Tried every Canadian broker out there. IB is THE cheapest and THE best broker. period.
Smart routing is fucking money, paid .14 cents for a 35 contract option trade, averaging about 1$-2.50$ a trade , lots from 250-3k shares~
More Yukon Nevada News, President and CEO Robert F. Baldock will be leaving the company
That's not horrible news but it isn't good news either, hopefully his succesors can keep the company going in the same direction that Robert had it going.
Spoiler!
June 21, 2012
Yukon-Nevada Gold Corp. Announces Corporate Management Changes
Vancouver, BC -- June 21, 2012 -- Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) ("YNG" or the "Company") announces that the Board of Directors has accepted the resignation of Robert F. Baldock as President and Chief Executive Officer of the Company. Shaun Heinrichs, Chief Financial Officer and Randy Reichert, Chief Operating Officer will jointly assume the roles of President and Chief Executive Officer while continuing to act in their existing roles within the Company.
Mr. Baldock commented, "I stepped in to lead the restructuring team at YNG in May of 2009 with the express purpose of strengthening the Company's management, financial position and operations. With the knowledge that the Company is now operating cash flow positive, has just completed financing to increase its treasury and sound fiscal and operational management is in place, I can focus my attention on my other business responsibilities. I confidently leave management of the Company in the hands of these two highly skilled executives."
Mr. Heinrichs has been with the Company since 2008 as Chief Financial Officer. He has over fifteen years of financial accounting experience, beginning with seven years of public practice experience with Ernst & Young in Vancouver. His primary role at Ernst & Young was as a lead assurance or advisory manager on several large US and Canadian public companies within the BC region. He subsequently held senior management roles in several large public companies as well as a large BC utility prior to joining YNG. He has also just recently joined the Board of Directors of the Company. Mr. Heinrichs has been instrumental in managing the finances of the Company during the recent corporate turn-around.
Mr. Reichert has been with the Company for over a year and has 23 years' experience working internationally at various operating mines and process facilities. Most recently Mr. Reichert was President and Chief Operating Officer for Colossus Minerals Inc. focusing on the development of the Serra Pelada project in Brazil. Prior to this he was COO of Oriel Resources plc and Orsu Metals Corp. Mr. Reichert spent over five years in Russia with Bema Gold, and subsequently Kinross Gold Corporation. Within those five years he held the position of General Manager, Operations of the Kupol gold mine in Chukotka, Russia and General Manager for the Julietta gold mine in Magadan, Russia. He has also held positions within various mining operations with Cominco Limited, now Teck, prior to working for Bema Gold. Mr. Reichert's contributions to the extensive renewal of the Company's mining operations over the past year have been invaluable.
The Board of Directors would like to express their sincerest thanks to Mr. Baldock for his significant contribution to the success of YNG over the past three years.
ON BEHALF OF THE BOARD OF DIRECTORS
Yukon-Nevada Gold Corp. is a North American gold producer in the business of discovering, developing and operating gold deposits. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Nevada in the United States. The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.
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Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life
So ridiculous how there are so many rules/regulations against conflicts of interests/manipulation/insider trading yet these "ratings" agencies provide no positive value (i.e. last year's downgrades bonanza)
would you not think this is somewhat priced into the major bank stocks?
a contrarian view might be to buy calls on ones you think WON'T be downgraded?
i don't have the balls to do either put/calls on this one
As you can tell, for the whole day today, it's definitely priced in. But the aftermath. Wow, there is potential to make even more money
Speaking of contrarian indicators, GS announced on March that it was time to buy stocks since it was cheap. Now they're stating that they are bearish. Hmmmm.
HOWEVER, From a basic TA standpoint, the DOW broke through the 50 day MA on a negative breakout and is closing in on the 30 day MA. MACD's and Stochastic are looking like they are starting phantom downtrend. I've mostly been $$$ since late March and my last play for options was the AAPL downtrend after their last earnings. Ballz not big enough.
Just tried it this morning, its definitely much better than the old quest trader web. Everything is more integrated and customized to your preference. However, switching to IQ web (free) you won't be able to make trades on your phone / tablet and will have to wait for a real app to come sometime in the summer.
I've tried the new IQ platform since they first released it for beta testing.
At first there were shiet loads of bugs, but they have been fixed and i really like the platform now. Still the place to be if you like cheap commisions.
im holding YNG and CLL. CLL, i'm down 50% on, YNG is coming back a bit, but it's still depressing lol... was gonna put more into YNG a few weeks ago but decided against it
wow, this is me exactly, I hold both, and bought CLL at an avg price of $.88, shoulda sold it when it went over $1
I fcked up huge and held on too long, now just waiting for AGM end of this month to see if any news. luckily I did hedge a bit by holding HOD (bear on oil prices)
on the bright side my bear plays are finally paying off. FAZ, HVU,, SDOW and my puts on BAC.
I am currently playing an app in Apple Store called iTrade. Unstable app but so far I learned quite a bit from it. I know it's different from the real stock market but it's the closest thing to it. 100k to start and so far I have made 5k gains. Bought Cosco, Apple, Cheapsake energy, and American Financial.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
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